________ involves looking at past employment patterns and using those patterns to predict a firm's future labor needs.
A) Trend analysis
B) Judgmental forecasting
C) ROI analysis
D) Transition analysis
Question 2
Which of the following is true of transition analysis?
A) It can account for multiple moves.
B) It assumes that all employees in a job have an equal probability of movement.
C) It is a qualitative technique.
D) It does not rely on historical patterns and activity levels.
Question 3
Identify the primary limitation of all forecasting techniques.
A) They are qualitative in nature.
B) They tend to give biased estimates.
C) They rely on managerial intuition and judgment.
D) They rely on historical patterns and activity levels.
Question 4
Which of the following is more likely to warrant changes in an organization's compensation policy and induce it to offer above-market wages?
A) decreasing unemployment rates
B) decrease in the number of employees quitting jobs
C) reduction in the number of companies in its industry
D) restructuring of jobs to make them more process oriented
Question 5
Surface bargaining is a process of bargaining during which management meets with representatives of all the bargaining units at one time to discuss difficult economic issues.
Indicate whether the statement is true or false
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